Investors looking for an easy way to add U.S. equity exposure to their portfolios will probably find Vanguard Total Stock Market ETF (NYSEMKT: VTI) of interest. That said, while it does some things very well, it does others rather poorly. It won't be the best option for all investors.

Here's what you need to know.

With $1.4 trillion in assets, Vanguard Total Stock Market ETF is a huge fund. That's extra good for investors because the costs of operating the exchange-traded fund (ETF) get spread over a large base of assets. And that keeps the expense ratio low for everyone. At 0.03%, this ETF's expense ratio is practically nonexistent. To put a number on that, it would cost you $0.30 per $1,000 invested annually to own this fund. That's dirt cheap.

Continue reading

Source Fool.com